Temb Intelligent Tech Shandong CoSSE: 603448

(603448)"TEMB INTELLIGENT TECHNOLOGY (SHANDONG) CO., LTD."Announcement on Use of Certain Idle Raised Funds for Cash Management

· Issued by Temb Intelligent Tech Shandong Co via Shanghai Stock Exchange

Filed with SSE · Stock code 603448 · · 6 pages · Chinese

Summary by 6ix AI

Temb Intelligent Tech Shandong Co has announced its plan to use a portion of idle raised funds for cash management purposes. The company intends to invest in low-risk, liquid financial products with a maximum investment amount specified. The board has approved this plan, which will be submitted for shareholder approval, ensuring it does not affect ongoing projects. The announcement includes risk analysis and control measures to mitigate potential investment risks. The use of these funds is expected to enhance the efficiency of capital utilization and benefit shareholders.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/603448temb-intelligent-technology-shandong-co-ltdannouncement-on-use-of-certain-idle-raised-funds-for-cash-management

Release

Announcement on Use of Certain Idle Raised Funds for Cash Management

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Temb Intelligent Tech Shandong Co on 6ix